MasterBeef Group (NASDAQ:MB) Announces Earnings Results

MasterBeef Group (NASDAQ:MB) posted its earnings results on Friday. The technology company reported ($0.08) earnings per share for the quarter, FiscalAI reports. The business had revenue of $14.80 million for the quarter.

MasterBeef Group Price Performance

MB traded down $0.39 during trading hours on Friday, hitting $6.42. 4,111 shares of the company’s stock were exchanged, compared to its average volume of 22,742. MasterBeef Group has a 12-month low of $3.50 and a 12-month high of $16.40. The firm has a 50 day moving average of $6.24 and a 200 day moving average of $6.51.

Institutional Investors Weigh In On MasterBeef Group

An institutional investor recently bought a new position in MasterBeef Group stock. Geode Capital Management LLC acquired a new stake in MasterBeef Group (NASDAQ:MB) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 10,878 shares of the technology company’s stock, valued at approximately $92,000. Geode Capital Management LLC owned about 0.06% of MasterBeef Group at the end of the most recent quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of MasterBeef Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

MasterBeef Group Company Profile

MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.